Investment management

September 09, 2019 - 8:37 am
NEW YORK (AP) — Activist hedge fund manager Elliott Management is making a new $3.2 billion investment in AT&T and calling for changes at the company such as selling its DirecTV and Mexican wireless operations. The move comes as AT&T readies a streaming service following its $81 billion...
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FILE - In this Aug. 11, 2019, file photo, Democratic presidential candidate and businessman Tom Steyer waits to speak at the Des Moines Register Soapbox during a visit to the Iowa State Fair in Des Moines, Iowa. Tax records released by Steyer show he made well over a billion dollars over the last decade. (AP Photo/Charlie Neibergall, File)
August 29, 2019 - 6:29 pm
WASHINGTON (AP) — Democratic presidential candidate Tom Steyer made well over a billion dollars over the last decade from holdings that not only include the hedge fund he founded, but also investments in Chinese private equity firms, tech startups, pharmaceutical companies and nursing homes, his...
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FILE - In this April 3, 2017 file photo, students walk past the "Great Dome" atop Building 10 on the Massachusetts Institute of Technology campus in Cambridge, Mass. Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd served time for sex offenses involving girls and young women. Ethan Zuckerman, director of the lab's Center for Civic Media, said director Joi Ito had failed to disclose the deceased financier's funding of the Massachusetts Institute of Technology incubator as well as investments Epstein made in Ito's personal venture capital fund, Wednesday, Aug. 21, 2019. (AP Photo/Charles Krupa, File)
August 21, 2019 - 8:03 pm
CAMBRIDGE, Mass. (AP) — Two prominent researchers are quitting MIT's Media Lab over revelations that the famed technology research hub and its director took money from Jeffrey Epstein after he'd served time for sex offenses involving girls and young women. Ethan Zuckerman, director of the lab's...
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FILE - In this Tuesday, April 9, 2019 file photo, Philippe Delpal, partner at Baring Vostok equity firm, is escorted to the court room in Moscow, Russia . The Moscow City Court ruled on Thursday, Aug. 15 to put Philippe Delpal, partner at the Moscow-based private equity firm Baring Vostok, under house arrest, more than six months after he was first arrested and sent to jail. (AP Photo/Pavel Golovkin, File)
August 15, 2019 - 10:40 am
MOSCOW (AP) — A Moscow court has put a jailed French investor under house arrest. The Moscow City Court ruled on Thursday to place Philippe Delpal, partner at the Moscow-based private equity firm Baring Vostok, under house arrest, more than six months after he was first detained and sent to jail...
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FILE - In this Feb. 4, 2019, file photo, Miami Dolphins owner Stephen Ross speaks in Davie, Fla. Ross, a billionaire New York investor who is hosting a high-dollar fundraiser for President Donald Trump also has a financial interest in the president’s business empire. (AP Photo/Brynn Anderson, File)
August 08, 2019 - 5:07 pm
WASHINGTON (AP) — A billionaire New York investor and owner of the Miami Dolphins who is hosting a high-dollar fundraiser for Donald Trump on Friday also has a financial interest in the president's business empire — including his iconic Manhattan tower. Shortly after Trump's election, Stephen M...
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August 05, 2019 - 2:18 pm
NEW YORK (AP) — Two of the country's largest newspaper companies have agreed to combine in the latest media deal driven by the industry's struggles with a decline of printed editions. GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in...
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Senate Armed Services Committee member Sen. Elizabeth Warren, D-Mass., questions Secretary of the Army and Secretary of Defense nominee Mark Esper during his confirmation hearing on Capitol Hill in Washington, Tuesday, July 16, 2019. (AP Photo/Manuel Balce Ceneta)
July 18, 2019 - 8:15 am
WASHINGTON (AP) — White House hopeful Elizabeth Warren is proposing new regulations on the private equity industry, pitching constraints designed to end what she decries as "legalized looting" by investment firms that take over troubled companies. Warren's plan, the latest in a series of policy...
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FILE - In this Friday, May 11, 2018 file photo, the newest attraction at Legoland in Windsor, England, shows a depiction of the wedding of Prince Harry and Meghan Markle outside Windsor Castle. A group of investors that includes the owners of toy maker Lego is buying Merlin Entertainment, a British company that operates theme parks like Legoland. Merlin said Friday June 28, 2019, it accepted the deal. (AP Photo/Alastair Grant, File)
June 28, 2019 - 7:49 am
COPENHAGEN, Denmark (AP) — The owners of toy maker Lego are teaming up with a group of investors to buy Merlin Entertainment, a British company that operates theme parks like Legoland and the Madame Tussauds wax museums. Kirkbi Invest said Friday it is joining forces with private equity firm...
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June 19, 2019 - 7:39 am
LONDON (AP) — An American billionaire has given Oxford University 150 million pounds ($188.6 million) for a new institute that will study the ethical implications of artificial intelligence and computing technologies. The donation from Stephen Schwarzman, CEO of the private equity firm Blackstone,...
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June 12, 2019 - 5:37 am
BERLIN (AP) — Global investment firm KKR is set to take a stake in Germany's Axel Springer, the publisher of the mass-circulation Bild daily, in what is described as a strategic partnership. Springer said Wednesday that a holding company owned by KKR-advised funds will launch a cash offer for...
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